MTU Aero Engines AG (OTCMKTS:MTUAY) Short Interest Update

MTU Aero Engines AG (OTCMKTS:MTUAY) saw a large increase in short interest in August. As of August 14th, there was short interest totaling 4,127 shares, an increase of 60.1% from the July 30th total of 2,578 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 20,863 shares, the days-to-cover ratio is presently 0.2 days.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Jefferies Financial Group reiterated a “buy” rating on shares of MTU Aero Engines in a research report on Thursday, August 13th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of MTU Aero Engines in a report on Thursday, August 13th. Zacks Research raised MTU Aero Engines from a “strong sell” rating to a “hold” rating in a report on Thursday, May 14th. Berenberg Bank downgraded MTU Aero Engines from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 11th. Finally, Barclays lowered MTU Aero Engines from an “equal weight” rating to a “strong sell” rating in a research note on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold”.

MTU Aero Engines Price Performance

OTCMKTS MTUAY traded down $5.60 during trading hours on Tuesday, hitting $198.50. 104,347 shares of the company’s stock traded hands, compared to its average volume of 27,034. The company has a market capitalization of $21.39 billion, a PE ratio of 19.44 and a beta of 1.01. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.44 and a quick ratio of 1.06. MTU Aero Engines has a 52-week low of $157.93 and a 52-week high of $238.57. The firm’s 50-day moving average is $207.22 and its 200-day moving average is $195.68.

MTU Aero Engines (OTCMKTS:MTUAY) last issued its earnings results on Thursday, July 30th. The company reported $2.82 earnings per share for the quarter, missing the consensus estimate of $2.83 by ($0.01). The company had revenue of $2.83 billion for the quarter, compared to analyst estimates of $2.60 billion. MTU Aero Engines had a return on equity of 23.33% and a net margin of 10.43%. Equities analysts forecast that MTU Aero Engines will post 11.32 EPS for the current fiscal year.

MTU Aero Engines Company Profile

MTU Aero Engines AG is a German aircraft engine manufacturer headquartered in Munich that develops, manufactures and services commercial and military aero engines as well as industrial gas turbines. The company’s activities span the entire engine lifecycle, from conceptual design and development through production of modules and components to aftermarket maintenance, repair and overhaul (MRO). MTU supplies parts and technical solutions for a broad range of jet engines and turbomachinery used by airlines, MRO providers and defense customers.

In addition to core engine development and manufacturing, MTU offers comprehensive aftermarket services including scheduled and unscheduled maintenance, spare parts distribution, repair technologies and fleet support programs.